SouthAfrica accelerates its car production
SouthAfrica is emerging as a profitable production and export base forsome of the world’s big auto manufacturers, despite the country’sremoteness, its reputation for labour militancy and politicaluncertainties. South Africa has also become a key supplier of motorindustry components. With massive platinum and palladium deposits,South Africa has emerged from nowhere to take nearly 10% of theworld’s production of catalytic converters, which is set toincrease to 25%. This did not happen by accident. It is the resultof a deliberate strategy by the government to draw the world’s bestcar manufacturers into South Africa, and drag
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